[WSBARP] Flood Insurance - Referral

[Paul Neumiller]

Thanks for the information and referrals.  All names have been given to the PC.


[cid:image001.jpg at 01D92747.069D1760]


From: scott scottgthomaslaw.com <scott at scottgthomaslaw.com>
Sent: Friday, January 13, 2023 6:51 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>; Paul Neumiller <pneumiller at hotmail.com>; Listserve RealProp (realprop at googlegroups.com) <realprop at googlegroups.com>
Subject: Re: [WSBARP] Flood Insurance - Referral

National Flood Insurance Program policies go into effect 30 days after the policy is written, unless the policy is required to qualify for a mortgage.  I am not sure if the same limitation applies to private insurers, i.e., Lloyd's of London.
On 01/12/2023 1:48 PM PST Paul Neumiller <pneumiller at hotmail.com<mailto:pneumiller at hotmail.com>> wrote:


PC called insurance broker 20 days ago and said requested flood insurance and broker says yes.  Now, after storms and king tides, waterfront property flood damage occurs.  Insurance broker now says, “Opps.  I got busy during the holiday and I didn’t place a policy so no coverage.”  PC has now received a call from broker’s “E & O Insurance” attorneys.  PC says the broker must have contacted the E &O carrier.  The attorneys for the E & O ins. co. want receipts for damages (ok, makes sense) but also want a written explanation why the PC thinks the broker is liable for doing or not doing something.  The PC’s spider-sense is tingling and desires assistance on how to respond.  Can anyone assist PC?  Self-referrals welcome on- or off-line.


[cid:image001.jpg at 01D92747.069D1760]



***Disclaimer: Please note that RPPT listserv participation is not restricted to practicing attorneys and may include non-practicing attorneys, law students, professionals working in related fields, and others.***

_______________________________________________
WSBARP mailing list
WSBARP at lists.wsbarppt.com<mailto:WSBARP at lists.wsbarppt.com>
http://mailman.fsr.com/mailman/listinfo/wsbarp
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20230113/396bf1e0/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 14264 bytes
Desc: image001.jpg
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20230113/396bf1e0/image001.jpg>